Showing 1 - 10 of 716,761
The conditions of spectrum allocation or reallocation are significant in determining the market structure in the … conduct a counterfactual simulation to measure the effect on consumer surplus of the incomplete spectrum allocation and the …
Persistent link: https://www.econbiz.de/10014076644
We study the productivity effect of the German national minimum wage combining administrative firm datasets. We analyze … reallocation, and short- versus long-run effects. We document higher firm productivity even net of output price increases …. Productivity gains are persistent in manufacturing and service sectors. The minimum wage also increased manufacturing productivity …
Persistent link: https://www.econbiz.de/10014517664
productivity not only increases the likelihood of exporting, but also the chances of firm survival and continued export market …
Persistent link: https://www.econbiz.de/10009686530
This paper combines different strands of the productivity literature to investigate the effect of idiosyncratic (firm …-country differences in key economic outcomes, such as productivity or output per capita, to differences in policies and institutions that … determinants of productivity at the firm-level and the evolution of the distribution of productivity across firms within each …
Persistent link: https://www.econbiz.de/10013153504
Factor misallocation has been emphasized as one of the main sources of differences in aggregate TFP. This paper investigates the empirical dynamics of both capital and labor misallocation. Exploiting a balanced firm-level panel dataset covering manufacturing and services industries in several...
Persistent link: https://www.econbiz.de/10012909565
allocative efficiency because firms pass-through measured productivity gains into markups. From industry-year variation, there is …
Persistent link: https://www.econbiz.de/10012970227
The aim of this paper is to quantify the role of formal-sector institutions in shaping the demand for human capital and the level of informality. We propose a firm dynamics model where firms face capital market imperfections and costs of operating in the formal sector. Formal firms have a larger...
Persistent link: https://www.econbiz.de/10013056102
their productivity and net worth and face collateral constraints that cause capital misallocation. TFP endogenously depends … equilibrium, general-equilibrium effects overturn this result: a monetary expansion increases the investment of high-productivity … firms relatively more than that of low-productivity ones, crowding out the latter and increasing TFP. We provide empirical …
Persistent link: https://www.econbiz.de/10012697125
reallocation. A distinct literature describes a slowdown in the pace of aggregate labor productivity growth. We relate these … patterns by studying changes in productivity growth from the late 1990s to the mid 2000s using firm-level data. We find that … diminished allocative efficiency gains can account for the productivity slowdown in a manner that interacts with the within …
Persistent link: https://www.econbiz.de/10011708266
their productivity and net worth and face collateral constraints that cause capital misallocation. TFP endogenously depends … equilibrium, general-equilibrium effects overturn this result: a monetary expansion increases the investment of high-productivity … firms relatively more than that of low-productivity ones, crowding out the latter and increasing TFP. We provide empirical …
Persistent link: https://www.econbiz.de/10013307972